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majarm majarm
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6 years ago
Vicki paid for a kitchen set over time, signing an installment contract that requires semi-annual payments of $500.00 for 5 years. The first payment is made on the signing date and interest is 18% compounded semi-annually. What was the cash price?
Textbook 
Contemporary Business Mathematics with Canadian Applications

Contemporary Business Mathematics with Canadian Applications


Edition: 11th
Authors:
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josanjosan
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6 years ago
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